Replies to post #15645 on Guided Therapeutics Inc (GTHP)

[myjog]

Hate to pop your hope bubble, but at the end of June’24, SMI is “supposed” to file for NMPA approval & pay GTHP approximately 700+K$. If & it’s a very big if, SMI files for NMPA approval, the zillion $ question is, do they have funds to pay 700+K$ to GTHP. Till date, they haven’t paid GTHP the full amount & in spite of their partial default, GTHP’s management continues to partner with them. That’s why stock is at an absolute miserable situation. The most important thing in any OTC penny stock is what the bid’s at & not what the ask’s at. Unless bid significantly increases, this stock has no future.